Defying expectations: After an uncertain year, DeFi has high hopes for 2023
Decentralized finance (DeFi) is defined as any product or service offered by the Web3 world that helps users conduct financial activities such as payments, borrowing,...
Italy approves 26% capital gains tax on cryptocurrencies
Days before the year's end, Italy's Senate approved its budget for 2023 on Dec. 29, 2022, which included an increase in taxation for crypto investors —...
Trouble brewing for the US: Two-thirds of TradFi expects a 2023 recession
The United States economy could be in for an upset. Data from a Wall Street Journal survey revealed financial experts expect the country to face...
Sam Bankman-Fried’s Alameda Research troubles predate FTX: Report
New reports into Sam Bankman-Fried and his collapsed exchanges revealed that Alameda Research, the now-bankrupt crypto trading firm, almost collapsed in 2018, even before FTX...
One of the original Bitcoin core developers losses all his BTC in hack
Bitcoin OG and core developer, Dashjr, claimed virtually all his bitcoins were stolen. The hackers accessed the developer’s PGP key. On November 17, 2022, Dashjr, noted...
Lido now has the highest TVL in DeFi after overtaking MakerDAO
Lido has overtaken MakerDAO in TVL in DeFi by $0.05 billion. At press time, Lido had $5.96b DeFi TVL. Lido seems to be benefitting from...
US will see new ‘inflation spike’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) begins the first week of 2023 in an uninspiring place as volatility stays away — along with traders.After failing to budge throughout the...
Hong Kong brokers line up for SFC approval ahead of new virtual asset trading legislation
Financial services providers in Hong Kong are already taking the first steps to provide services to retail investors, according to local reports. Brokers and fund...
Crypto makes history in 2022: Five instances of governments embracing digital assets
The year 2022 wasn’t the best one in terms of crypto reputation among regulators and policymakers. However, even amid the market breakdown and repetitive public...
These 4 altcoins may attract buyers with Bitcoin stagnating
Bitcoin’s (BTC) volatility remained subdued in the final few days of the last year, indicating that investors were in no hurry to enter the markets....